First Time Homebuyer Program 

Make buying your first home a reality with the guidance you need.

Searching for your home can be exciting and nerve wracking all at the same time! Your mortgage should be easy the part. We have the right products and experienced team to get you into the perfect home and affordable payment with none of the headaches.

Our First Time Homebuyer Program is designed with low fees, making it easier for you to manage the upfront costs associated with buying a home.

Check out these exciting details:

• Competitive Rates – We offer highly competitive interest rates, providing an additional 0.50% off our First Time Homebuyer Program loans. Our goal is to ensure you get the best deal and save you money over the life of your loan.
• Discounted PMI – Which can save you thousands over the life of your loan. Lower PMI means more of your monthly payment goes towards building equity in your new home
• Gifts and Grants Allowed – We know that buying a home often involves support from family and friends. Our program allows you to use gifted funds for your down payment, making homeownership more accessible and achievable.
• IC Services The Life of The Loan – IC manages your loan for its entire duration. From the approval process to ongoing servicing, we handle everything in-house, ensuring a seamless, personalized experience throughout the life of your mortgage.
• True Preapproval – When you apply for a preapproval with us, you can trust that it’s a true preapproval. This means your loan is conditionally approved based on your financial situation, giving you the confidence to make an offer on your dream home.

A few requirements to qualify for the First Time Homebuyer program:

• At least one member on the loan must be a first-time home buyer
• The First Time Homebuyer must complete the online First Time Homebuyer class via HomeView (Trademarked-FNMA)
• 700 Minimum Credit Score
• Only 5% Down Payment Required*
• 30-Year Fixed Rate
• Minimum (1-2 Units) – Single Family Detached and Attached – Condos – 2 Units – 3-4 Units (80 LTV Max)

*5% cash required from buyer